What do tradpubbed authors really think about their publishers…and about Amazon?
Huge kudos to
for a really fascinating survey of tradpubbed (traditionally published) authors!
You can see the entire dataset of twenty-nine questions (and three more items) here:
to get the results from 812 respondents.
This is an immensely intriguing survey!
I hear it a lot: people are surprised that authors stay with their traditional publishers when they could just self publish and get a much bigger cut.
There are a lot of reasons for that…and they don’t apply to every author.
At this point in the evolution of publishing, being with a tradpub is a bigger benefit if you are already a success than if you are just beginning.
That doesn’t mean that a first novelist shouldn’t be with a tradpub…it’s just that people like Stephen King get more out of the deal than someone who doesn’t have a track record.
Think of it a bit like…taking a cab.
A lot of people don’t own cars nowadays. They may use Zip cars, or Uber, or Lyft, or public transit…or cabs.
So, let’s say you don’t take a cab, but you need to drive through a town.
One option is to own the car.
You have to put your money into it.
You have to deal with the legalities (like registration and insurance).
You have to know where you are going.
The cabs get to drive right up to the front door of the hotel, or to the airport…you aren’t allowed to do that and just leave your car there. You have to park…and pay for parking.
When you independently publish, it’s like owning the car.
With a cab, you have to have the money to pay for it. Then, if it’s a reputable cab, the rest of it is done by somebody else. They know how to get there. They pay for gas, tolls, registration, and so on.
If you are already a success, and you know that when you get to your appointment you are going to make a lot of money, paying for a cab makes sense.
If you don’t have much money, and don’t know that the trip is going to be profitable, it may not.
Let me focus for right now on two questions: I don’t want to take too much away from the survey.
Question 24 says, “Amazon and other e-book distributors
pay a 70% royalty to authors (assuming your price is $2.99–$9.99), as opposed to the roughly 17.5% paid by most publishers.
If you did self-publish an e-book, how do you expect you would fare financially?”
The first interesting thing about this to me is that more than half of the respondents skipped the question!
Now, you may guess that’s due to question fatigue (sometimes, the farther you get in a survey, the fewer answers you get), but about 90% of the respondents answered the previous question.
No, I think there are a couple of possibilities.
One is that people are afraid to think about it. They may even have been shocked by the 70% figure…they might have had no idea it could be that high.
Another is that, well, it has numbers in it. 😉
Not everybody who is good with words loves math. That might have put off some people as well.
The most popular answer (besides “I don’t know”) by far was that they would lose money. 23.78% thought that would happen…only 15.14% thought they would make more money.
The answers make it look as though the choice is between an independently published e-book and no p-book (paperbook) version, or a tradpubbed e-book and p-book.
That’s not an unreasonable thing to say.
Yes, you can do a p-book version independently through Amazon along with your e-book, but that’s a tiny slice of the p-book market…certainly, as long as people still buy p-books in stores (and that includes places like Costco and grocery stores).
Question 25 is even more interesting to me:
“If you were to self-publish, you would have control over every aspect of publication. How would you feel about that prospect?”
Even fewer people answered that one…only about 41%.
You might think everybody wants to be in control of the process…but fully 36.63% of respondents were “Horrified/negative” on it. That’s about 12% more than the “Excited/positive” group.
I can understand that.
Can’t you see wanting to be somebody who just writes? Who doesn’t have to worry about proofreading, and layout, and filing the copyright?
You may think you want to be in control of everything…but do you want to do your own appendectomy? 😉 In my case, I definitely don’t want to be the person fixing my car!
My Significant Other made a great point to me a long time ago.
We are not good at gardening…we just aren’t. Oh, one of us can get out there with a weed eater and cut down the weeds. I did that recently, at least part of it. The weeds were twice as tall as our dogs (we have short dogs). I bought a new weed eater (they have really improved the technology since the last time I bought one!), and literally did it until I came to the end of the line. 😉 When that spool was out, I had to stop…got more through Prime, so one of us will do more of the yard soon.
Anyway, the point my SO made was that, if there are people who are good at doing something and want to do it, and we are bad at it and don’t like it, and (and this point is important) we can afford to pay them to do it…we are keeping them from putting food on the table for their kids for essentially selfish reasons.
One big reason to have money is to help other people, as far as I’m concerned.
We aren’t rich (although that’s always going to be a relative term to people), but we can afford to pay somebody a couple of times a year to trim the trees and cut down the weeds and haul everything away.
For some authors, it may be a bit like that with their publishers. Yes, anybody can try to be a marketer, or a proofreader…but paying somebody (by taking a relatively lower royalty) may be the right thing to do.
Of course, it goes far beyond that.
I’ve helped some people by reading their drafts and making comments.
There is no question that some editors and authors have had terrific partnerships. The editor doesn’t write the book, but helps the author improve it by making suggestions.
I’ve seen it with some authors (who shall remain nameless) where it seems to me that they become brand names…and people stop editing them as strongly, and their work (although not necessarily their sales) suffers for it.
If you are at all interested in the actual source of the books you read (the authors), I’d recommend you spend some time with this survey. You may also find the anonymous pseudo-tweets they asked people to write (although they have to be shorter than tweets…120 characters)…one set of them is to Jeff Bezos. Some of them are very praising, others are negative…with themes running through both. I have to say, I was a bit perplexed with one accusing Amazon of making “obscene profits”…that’s somebody who hasn’t ever looked at an Amazon financial statement! Many of the comments had to do with taxes, and with treating employees better.
Once again, congratulations to Agent Finder! The questions are entertaining, and the answers informative.
After you’ve read it, I’d be interested in what you think about it…you can tell me and my readers by commenting on this post.
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* I am linking to the same thing at the regular Amazon site, and at AmazonSmile. When you shop at AmazonSmile, half a percent of your purchase price on eligible items goes to a non-profit you choose. It will feel just like shopping at Amazon: you’ll be using your same account. The one thing for you that is different is that you pick a non-profit the first time you go (which you can change whenever you want)…and the good feeling you’ll get. Shop ’til you help!
This post by Bufo Calvin originally appeared in the I Love My Kindle blog. To support this or other blogs/organizations, buy Amazon Gift Cards from a link on the site, then use those to buy your items. There will be no cost to you, and a benefit to them.